Europe Tail Lift Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Column Lifts, Tuckaway Lifts, Cantilever Lifts, and Slider Tail Lifts), and End Users (Food and Transport Logistics, Waste Management, Leasing and Rental Business, and Emergency Services)
Market Introduction
Tail lift is a mechanical device which is integrated into the rear of a truck, van, or lorry to facilitate material handling of goods from the ground level to the level of the vehicle bed or vice-versa. Most of the tail lifts that are in operation are either hydraulic or pneumatic. They can also be mechanical and are controlled by an operator through an electric relay switch. Tail lifts are available for different vehicles, ranging from standard vans to articulated lorries. Moreover, constant evolution of the retail industry, rapid urbanization, and rise in demand for fast moving consumer goods are some of the key drivers boosting the growth of the tail lift market. The constant expansion of the retail industry is estimated to enhance the logistics activities to drive the tail lift market during the forecast period.
The growing trend of automating warehouses and product transportation systems will require manufacturers to modify the tail lift technologies in the upcoming years. With the trend of automation in warehouses, the safety of workers is enhanced; it will also boost the morale of employees, as the automated devices handle stressful and repetitive tasks, thereby freeing workers to focus on more value-added activities. The tail lifts that are integrated with automated technologies and advanced features will witness growing demand in the near future. The manufacturers are focusing on automated technologies such as self-lock and self-tilting. The self-lock technology focuses on automatic protection of the lift against any kind of mishaps in the absence of the operator. The self-tilting technology automatically slows down the speed of the platform to adapt to the fragile loads with smooth and precise movements. Thus, a rise in automation devices in warehouses, as well as transportation systems, will play a vital role in the Europe tail lift market.
Food and transportation logistics comprise operations such as transporting, warehousing, and distributing food products and other goods to the distributors, retailers, or end consumers. Growing demand for high-end logistics services for efficient and timely delivery of goods has created a huge impact on the way in which logistics companies operate. Moreover, rapid growth of ecommerce industry has boosted the requirement of efficient logistics. Food and transportation logistics is one of the most prominent end-use industries for tail lift market as it is constantly engaged in loading, unloading, and transportation of food products and other goods. Tail lifts basically help in lifting heavy goods and loading them onto the vehicles. It is a mechanical device or a platform that is designed to lift the goods from ground level to the level of vehicle bed for easy loading of goods. Moreover, tail lifts facilitate material handling, ensure goods safety, and prevent damages during loading. Additionally, they save manual efforts and are cost-effective alternatives to extensive manpower. Tail lifts have wide application across the food and transportation logistics industry owing to increasing requirement for quick, convenient, and flexible loading and unloading of goods. Moreover, this industry is witnessing remarkable growth in the adoption of technologies that ease out the operations. Therefore, manufacturers of tail lifts have lucrative opportunities for product innovation and research and development activities.
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Market Overview and Dynamics
The Europe tail lift market was valued at US$ 242.12 million in 2020 and is projected to reach US$ 388.19 million by 2028; it is expected to grow at a CAGR of 6.7% during 2021–2028. In terms of type, the Europe tail lift market is categorized into column lifts, tuck away lifts, cantilever lifts, and slider tail-lift. In 2020, the cantilever lifts segment accounted for the largest revenue share. Cantilever tail lifts are mounted on the chassis frame of a truck or other vehicles having hydraulic rams on the hinges. This type of lift is generally used for loading and unloading of heavy goods to ensure safety of the goods. The lifting capacity of cantilever lift is higher than the column lift or tuck-away lift. Based on end user, the Europe tail lift market is segmented into food and transport logistics, waste management, leasing and rental business, and emergency services. In 2020, the food and transport logistics segment accounted for the largest revenue share.
Palfinger AG, HIAB, Anteo S.P.A, DHOLLANDIA N.V., and DAUTEL GmbH are among the major players operating in the Europe tail lift market. These companies are involved in various strategies and key developments such as merger and acquisition and new product development. The leading companies in the market are continuously looking forward to expand and diversify their market presence, along with acquiring new customer base and tapping prevailing business opportunities. For instance, PALFINGER has improved the comfort, performance, operational safety, maintainability, and serviceability of their sturdy forklifts with the new FLC series. HIAB, a Cargotec company, has introduced next generation high-duty slider lifts from ZEPRO for large freight vehicles and trailers. The durable and low-maintenance lifts are built to maximize lift uptime and life.
Key Market Segments
The tail lift market in Europe is bifurcated on the bases of type and end-users. Based on type, the market is segmented into column lifts, tuckaway lifts, cantilever lifts, and slider tail lifts. The cantilever lifts segment accounted for the largest share of the market in 2020. In terms of end-users, the Europe tail lift market is segmented into food and transport logistics, waste management, leasing and rental business, and emergency services. The food and transport logistics segment is a crucial end-use industry of tail lifts.
Major Sources and Companies Listed
A few major companies operating in the Europe tail lift market are ANTEO S.P.A., Bar Cargolift, DAUTEL GMBH, DHOLLANDIA N.V., Penny Hydraulics Ltd Ltd., HIAB, Palfinger AG, and Sorensen Hydraulik GmbH. Various other companies operating in the market are coming up with new technologies and offerings, which would drive the market growth in the coming years.
Reasons to Buy Report
- To understand the Europe tail lift market landscape and identify market segments that are most likely to guarantee a strong return
- To stay ahead of the race by comprehending the ever-changing competitive landscape for the market
- To efficiently plan M&A and partnership deals in the Europe tail lift market by identifying market segments with the most promising probable sales
- To make knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segments of the Europe tail lift market
- To obtain revenue forecast for market by various segments from 2020 to 2028 in Europe
Europe Tail Lift Market Segmentation
Europe Tail Lift Market – by Type
- Column Lifts
- Tuckaway Lifts
- Cantilever Lifts
- Slider Tail Lifts
Europe Tail Lift Market – by End Users
- Food and Transport Logistics
- Waste Management
- Leasing and Rental Business
- Emergency Services
Europe Tail Lift Market – Companies Mentioned
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Tail Lift Market Landscape
4.1 Market Overview
4.2 Europe PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Tail Lift Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Constant Boost in E-Commerce Sector
5.1.2 Rise in Application of Tail Lifts in Various Industries
5.2 Market Restraints
5.2.1 High Operating Cost
5.3 Market Opportunities
5.3.1 Continuous Developments in Tail Lift Market
5.4 Future Trends
5.4.1 Accentuating Trend of Automation
5.5 Impact Analysis of Drivers and Restraint
6. Europe Market Analysis
6.1 Europe Market Overview
6.2 Europe Tail Lift Market –Revenue and Forecast to 2028 (US$ Million)
6.3 Market Positioning –Europe Market Players
7. Europe Tail Lift Market Analysis – By Type
7.1 Overview
7.2 Europe Tail Lift Market Breakdown, by Type, 2020 & 2028
7.3 Column Lifts
7.3.1 Overview
7.3.2 Column Lifts: Tail Lift Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Tuck Away Lift
7.4.1 Overview
7.4.2 Tuck Away Lift: Tail Lift Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Cantilever Lift
7.5.1 Overview
7.5.2 Cantilever Lift: Tail Lift Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Slider Tail Lift
7.6.1 Overview
7.6.2 Slider Tail-Lift: Tail Lift Market – Revenue and Forecast to 2028 (US$ Million)
8. Europe Tail Lift Market Analysis – By End User
8.1 Overview
8.2 Europe Tail Lift Market Breakdown, by End User, 2020 & 2028
8.3 Food and Transportation Logistics
8.3.1 Overview
8.3.2 Food and Transport Logistics: Tail Lift Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Waste Management
8.4.1 Overview
8.4.2 Waste Management: Tail Lift Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Leasing and Rental Business
8.5.1 Overview
8.5.2 Leasing and Rental Business: Tail Lift Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Emergency Services
8.6.1 Overview
8.6.2 Emergency Services: Tail Lift Market – Revenue and Forecast to 2028 (US$ Million)
9. Tail Lift Market – Geographic Analysis
9.1 Germany: Tail Lift Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 Germany: Tail Lift Market, by Type
9.1.1.1.2 Germany: Tail Lift Market, by End User
9.1.1.2 France: Tail Lift Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 France: Tail Lift Market, by Type
9.1.1.2.2 France: Tail Lift Market, by End User
9.1.1.3 UK: Tail Lift Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 UK: Tail Lift Market, by Type
9.1.1.3.2 UK: Tail Lift Market, by End User
9.1.1.4 Italy: Tail Lift Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.4.1 Italy: Tail Lift Market, by Type
9.1.1.4.2 Italy: Tail Lift Market, by End User
9.1.1.5 Russia: Tail Lift Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.5.1 Russia: Tail Lift Market, by Type
9.1.1.5.2 Russia: Tail Lift Market, by End User
9.1.1.6 Rest of Europe: Tail Lift Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.6.1 Rest of Europe: Tail Lift Market, by Type
9.1.1.6.2 Rest of Europe: Tail Lift Market, by End User
10. Impact of COVID-19 Pandemic on US & Europe Tail Lift Market
10.1 Overview- Impact of COVID-19
10.2 Europe: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Overview
11.2 Product Launch
11.3 Business Planning and Strategy
11.4 Partnership
11.5 Expansion
12. Company Profiles
12.1 ANTEO S.P.A.
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Bar Cargolift
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 DAUTEL GMBH
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 DHOLLANDIA N.V.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Penny Hydraulics Ltd Ltd.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 HIAB
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Palfinger AG
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Sorensen Hydraulik GmbH
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. Europe Tail Lift Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. Germany Tail Lift Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 3. Germany Tail Lift Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 4. France Tail Lift Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 5. France Tail Lift Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 6. UK Tail Lift Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. UK Tail Lift Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 8. Italy Tail Lift Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 9. Italy Tail Lift Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 10. Russia Tail Lift Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 11. Russia Tail Lift Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 12. Rest of Europe Tail Lift Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 13. Rest of Europe Tail Lift Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 14. List of Abbreviation
LIST OF FIGURES
Figure 1. Europe Tail Lift Market Segmentation
Figure 2. Europe Tail Lift Market Segmentation – By Country
Figure 3. Europe Tail Lift Market Overview
Figure 4. Cantilever Lift Segment Held Largest Share of Europe Tail Lift Market
Figure 5. Germany Held Largest Share of Europe Tail Lift Market
Figure 6. Food and Transport Logistics held the market share
Figure 7. Europe: PEST Analysis
Figure 8. Europe Tail Lift Market: Ecosystem Analysis
Figure 9. Expert Opinion
Figure 10. Europe Tail Lift Market: Impact Analysis of Drivers and Restraints
Figure 11. Europe: Tail Lift Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. Europe Tail Lift Market Breakdown, by Type, 2020 & 2028
Figure 13. Column Lift: Tail lift Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. Tuck Away Lift: Tail Lift Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. Cantilever Lift: Tail Lift Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Slider Tail-Lift: Tail Lift Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Europe Tail Lift Market Breakdown, by End User, 2020 & 2028
Figure 18. Food and Transport Logistics: Tail Lift Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Waste Management: Tail Lift Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Leasing and Rental Business: Tail Lift Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Emergency Services: Tail Lift Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Germany: Tail Lift Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. France: Tail Lift Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. UK: Tail Lift Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Italy: Tail Lift Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Russia: Tail Lift Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Rest of Europe: Tail Lift Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Impact of COVID-19 Pandemic on Tail Lift Market in Europe
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